Red tiles in GSTR 3B
This query is : Open
21 January 2021
Respected Experts, we have filed our GSTR 3B for the m/o Dec-2020. But Table No. 3 & 4 are showing Red. There is some difference in ITC & RCM as per the details below :-
1) ITC on Import : - we have made the payment on 30-11-20, but goods have arrived on 02-12-20.
and the difference crosses the 10% variance. And some ITC of quarterly vendors.
2) RCM : we have made the RCM entry in Tile 3 & 4 on Ocean Freight & Local Freight.
We have done all the work of difference. My query is there any problem w.r.t. Red coloured tiles. Someone says that a Notice may be issued.
Also, suggest us on what basis we have to file our GSTR 3B either 2A or 2B?
Kindly suggest us.
Rakesh Sharma
1) ITC on Import : - we have made the payment on 30-11-20, but goods have arrived on 02-12-20.
and the difference crosses the 10% variance. And some ITC of quarterly vendors.
2) RCM : we have made the RCM entry in Tile 3 & 4 on Ocean Freight & Local Freight.
We have done all the work of difference. My query is there any problem w.r.t. Red coloured tiles. Someone says that a Notice may be issued.
Also, suggest us on what basis we have to file our GSTR 3B either 2A or 2B?
Kindly suggest us.
Rakesh Sharma
21 January 2021
There is no issue even if GSTR 3B filed with red coloured tiles.
Notice may be issued if overall variance is material.
Claim ITC as per GSTR-2A.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Short Term Gain Reporting ITR
- Missed TDS
- Rent claimed on building given on permissive possession basis
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- DUE DATE FOR ITR FILING
- F&O reporting in ITR
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
